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Notes -
He didn't make a dumb decision, he embezzled the customer funds into his own accounts and then gambled with them. It was straight up theft of billions of dollars.
If you believe various studies of how people value their own life, thefts of over $10 million should basically be considered the equivalent of murder.
Hmmm:
If I put 10 ounces of gold in a safe deposit box, and then the bank owner steals 5 ounces and loses it at a casino, but the price of gold triples, the bank still stole from me, even if the bank owner claims that I didn't lose any money since value of my assets are greater now than when I put them in the safe deposit box.
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